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Monday, February 23, 2009

700,000 job losses in Germany this Summer

Last week I have just posted an article regarding 1.2 million jobless Germans. This coming summer, expect that the number of jobless people will increase up to 700,000. So that would be around 1.9 million jobless people (Germans and other citizens). I was surprised that many companies are already starting to shorten the working days as one of its solution to the economic crisis in Germany. In addition, 33 percent of companies were planning to lay off its employees.

I am not trying to scare those who wanted to migrate or work in Germany. I am just sharing the news and stating the facts.

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